In the cryptocurrency market of 2025, the stablecoin sector is showing fierce competition. USD1, as an emerging force, is rapidly rising and challenging the market dominance of USDT and USDC. According to the latest data, the market capitalization of USD1 has surpassed 20 billion USD, making it the third largest stablecoin, only behind USDT and USDC. This astonishing growth rate has attracted widespread attention from investors and analysts, bringing a new perspective to the comparison of stablecoin trading platforms.
The success of USD1 is largely attributed to its innovative technological architecture and strong institutional support. Unlike traditional stablecoins, USD1 adopts a multi-chain deployment strategy and currently has a large circulation on both the BSC and Ethereum networks.GateAs an important strategic partner of USD1, the exchange currently holds approximately 190 million USD1, with about 170 million on the BSC network and about 20 million on the Ethereum network, ranking second among centralized exchanges. This multi-chain layout not only enhances the liquidity and availability of USD1 but also offers users more trading options.
In contrast, although USDT and USDC still maintain their market leadership, their growth rates have clearly slowed down. USDT has a market capitalization of about 70 billion USD, while USDC is around 50 billion USD. However, the regulatory pressures and transparency concerns faced by these two giants have provided emerging stablecoins like USD1 with more room for development. The full cash and US Treasury support model of USD1, along with its potential connections to political influence, have won favor from some investors.
The innovative mechanism launched by World Liberty Financial (WLFI) brings ultra-high annual yields to the USD1 stablecoin, attracting widespread attention in the cryptocurrency market. Analysis and evaluation of the WLFI token show that its core innovation lies in combining traditional financial yield models with blockchain technology, creating a brand new “stablecoin + yield” model.
Specifically, WLFI implements an automated yield distribution mechanism through smart contracts. When users hold USD1, the system automatically calculates and distributes WLFI tokens as rewards based on the holding time and quantity. These WLFI tokens can be traded on the secondary market or used for participating in platform governance and other ecosystem activities. According to official data, the annualized yield of USD1 can reach over 15%, far exceeding traditional bank deposits and most DeFi projects.
However, behind this high yield lies potential risks. First, the value fluctuations of the WLFI token may affect the actual yield. Second, if a large number of users redeem USD1 simultaneously, it could lead to liquidity pressure. In addition, although WLFI claims that its fund pool is fully backed by cash and government bonds in US dollars, the lack of regular verification by a third-party auditing agency has raised concerns among some investors.
Nevertheless, the innovative mechanism of WLFI has still attracted a lot of investor attention. The listing news on Gate exchange shows that since WLFI was launched on Gate, its trading volume has continued to rise, reflecting the market’s recognition of this innovative model. For investment strategies in new cryptocurrency projects, investors need to weigh high returns against potential risks and closely monitor changes in the regulatory environment.
As one of the mainstream cryptocurrency trading platforms, Gate provides comprehensive services and a high-quality user experience in stablecoin trading. Through an in-depth evaluation of the Gate exchange, we analyzed it from three dimensions: fees, liquidity, and security.
In terms of fees, Gate shows significant advantages compared to other major exchanges:
exchange | Spot trading fee | USD1 transaction fee | Withdrawal fee |
---|---|---|---|
Gate | 0.2% | 0.1% | 1 USD1 |
Exchange A | 0.1% | 0.15% | 2 USD1 |
Exchange B | 0.1% | 0.2% | 1.5 USD1 |
Gate offers lower fees for USD1 transactions, which is beneficial for frequent trading.stablecoinis an important advantage for users of trading.
In terms of liquidity, Gate has become the second largest holder of USD1 through a strategic partnership with WLFI, providing ample USD1 liquidity for the platform. According to the latest data, Gate holds approximately $170 million in USD1 on the BSC network and about $20 million in USD1 on the Ethereum network. This multi-chain deployment strategy not only enhances trading efficiency but also offers users more cross-chain operation options.
In terms of security guarantees, Gate adopts multiple security mechanisms. Firstly, the platform implements strict KYC and AML policies to effectively prevent potential financial crime risks. Secondly, Gate uses multi-signature cold wallets to store most user assets and is equipped with a 24/7 real-time monitoring system. In addition, Gate also collaborates with well-known insurance companies to provide additional protection for user assets.
It is worth mentioning that the USD1 loyalty program launched by Gate in collaboration with WLFI provides users with additional earning opportunities. Users can earn WLFI token rewards by holding, trading, and participating in ecosystem activities, further enhancing user engagement and platform stickiness.
For professional investors, evaluating stablecoin trading platforms, cross-chain interoperability and the degree of integration with the DeFi ecosystem are two key factors. In this regard, USD1, WLFI, and the Gate platform each have their own characteristics, providingWeb3 stablecoinThe project analysis provides a wealth of cases.
USD1, as an emerging stablecoin, demonstrates strong cross-chain interoperability through its multi-chain deployment strategy. Currently, USD1 is widely circulated on the two major public chains, BSC and Ethereum, with plans to expand to more public chains in the future. This multi-chain strategy not only enhances the usability of USD1 but also provides users with more opportunities for cross-chain transactions. For example, users can acquire USD1 at low cost on the BSC network and then transfer it to the Ethereum network via a cross-chain bridge to participate in a richer array of DeFi applications.
The WLFI platform has established partnerships with multiple DeFi protocols through its innovative yield mechanism. Users can deposit USD1 into the WLFI liquidity pool, where they can not only earn basic stablecoin returns but also participate in various DeFi activities, such as liquidity mining and yield farming. This deep integration provides users with a one-stop DeFi service, greatly enhancing the efficiency of fund utilization.
Gate, as a centralized trading platform, has a more diversified strategy in the integration of cross-chain and DeFi. Firstly, Gate supports the trading and withdrawal of multiple public chain assets, providing users with a convenient entry point for cross-chain trading. Secondly, Gate has built a bridge connecting the centralized trading world and the DeFi world through its decentralized trading platform HipoDeFi. Users can purchase USD1 or WLFI tokens on the Gate platform and then seamlessly connect to the HipoDeFi platform to participate in various DeFi activities.
Overall, these three major platforms have their advantages in cross-chain interoperability and DeFi ecosystem integration, providing professional investors with a diverse range of choices. The multi-chain deployment of USD1 lays the foundation for flexible asset allocation, while WLFI’s innovative yield mechanism deepens the connection with the DeFi ecosystem. Gate, on the other hand, offers users a one-stop cross-chain and DeFi solution through its comprehensive service ecosystem. For investors focused on Web3 stablecoin projects, understanding the strategies of these platforms is crucial for making informed investment decisions.
แชร์
เนื้อหา